World’s Top 20 Largest Gold Producing Countries: China, Australia, Russia, and The US Tops Again

Once again, China was the largest producer of gold in the world, mining 453.5 metric tons in 2016, according to the latest GFMS Gold Survey by Thomson Reuters. Gold mine production in China was also higher with 453.5 metric tons of gold produced in 2016 compared to 450.1 metric tons produced in 2015.

Gold! Gold! yes, Gold! Canada, land of snow, oil, and precious metals, climbed from number seven (164.5 metric tons) in 2015 to number six in 2016 (165.0 metric tons).

Global mine production posted a modest 14 tonne or 0.4% gain in 2016 to reach an all-time high of 3,222 tonnes.

Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, high net worth individuals, and the most globally powerful men and women.